Subaru Corporation (OTCMKTS:FUJHY) Sees Large Decline in Short Interest

Subaru Corporation (OTCMKTS:FUJHY) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 115,887 shares, a decrease of 38.0% from the June 30th total of 186,876 shares. Based on an average daily volume of 583,492 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Subaru Stock Down 3.9%

Shares of OTCMKTS:FUJHY traded down $0.34 during midday trading on Friday, reaching $8.43. 182,979 shares of the company traded hands, compared to its average volume of 407,135. The firm’s fifty day moving average price is $7.77 and its two-hundred day moving average price is $8.49. The firm has a market capitalization of $12.09 billion, a price-to-earnings ratio of 19.16, a price-to-earnings-growth ratio of 0.40 and a beta of 0.37. Subaru has a 12 month low of $7.10 and a 12 month high of $11.70.

Subaru (OTCMKTS:FUJHY) last posted its earnings results on Friday, May 15th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.18). The company had revenue of $8.01 billion for the quarter, compared to analysts’ expectations of $7.67 billion. Subaru had a net margin of 1.96% and a return on equity of 3.38%. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. Analysts forecast that Subaru will post 0.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. UBS Group cut Subaru from a “neutral” rating to a “sell” rating in a research report on Thursday, June 18th. Zacks Research lowered shares of Subaru from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 7th. Two research analysts have rated the stock with a Sell rating, According to MarketBeat.com, Subaru presently has an average rating of “Sell”.

Institutional Investors Weigh In On Subaru

An institutional investor recently raised its position in Subaru stock. Great Lakes Advisors LLC raised its stake in shares of Subaru Corporation (OTCMKTS:FUJHY) by 7.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 381,638 shares of the company’s stock after purchasing an additional 25,432 shares during the quarter. Great Lakes Advisors LLC’s holdings in Subaru were worth $4,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 0.01% of the stock is owned by institutional investors.

About Subaru

Subaru Corporation, traded over the counter as OTCMKTS:FUJHY, is a Japanese multinational automaker known for its distinctive use of the horizontally opposed “boxer” engine and standard symmetrical all-wheel-drive system across most of its vehicle lineup. Founded in 1953 as Fuji Heavy Industries, the company rebranded to Subaru Corporation in 2017 to align its corporate identity with its well?established automotive brand. Subaru’s product portfolio includes compact and midsize sedans, sport wagons, crossovers and SUVs, with flagship models such as the Impreza, Legacy, Outback, Forester and Crosstrek (also marketed as the XV in some regions), as well as the performance-oriented BRZ sports coupe developed in partnership with Toyota.

In addition to passenger vehicles, Subaru Corporation is involved in the manufacturing of automotive components, aerospace products and industrial machinery, leveraging advanced materials and precision engineering capabilities inherited from its Fuji Heavy Industries heritage.